Question: Journalize the following transactions for Marge’s Sofas. Explanations are not required.
i. Adjusted for overallocated or underallocated overhead.
Cost of goods sold
The manufacturing records for Sporty Kayaks at the end of the 2018 fiscal year show the following information about manufacturing overhead:
Overhead allocated to production
Actual manufacturing overhead cost
Predetermined overhead allocation rate
$44 per machine hours
1. How many machine hours did Sporty Kayaks use in 2018?
Question: The T-account showing the manufacturing overhead activity for Aliyah Corp. for 2018is as follows:
2. What is the allocated manufacturing overhead?
94% of StudySmarter users get better grades.Sign up for free